Ok so house has been sold. Buyer in the process of registering a bond (already apporved by bank). Balance has been paid to transfer attorneys.
We are putting OTP in for a house but the suspensive conditions state that our house has been sold. There also is a clause that says our OTP is subject to approval of R1m bond.
Any risks that you can think of? What if the our sale falls through?
We are putting OTP in for a house but the suspensive conditions state that our house has been sold. There also is a clause that says our OTP is subject to approval of R1m bond.
Any risks that you can think of? What if the our sale falls through?
